College Factual and IAVA Collaborate on Cutting-Edge Education Cost Calculator for Veterans

TROY, NY (09/22/2015)(readMedia)-- College Factual, a leading education technology company and provider of data-driven, value-based college rankings is collaborating with Iraq and Afghanistan Veterans of America (IAVA) to launch a highly advanced online calculation tool designed to help veterans determine their best, most affordable education options quickly. The two organizations joined forces to help veterans and active duty military optimize their education benefits under the Post-9/11 GI Bill. The new online calculator is available now at:

"We at College Factual are proud to be working with the Iraq and Afghanistan Veterans Association on this project," said Bill Phelan, Founder and CEO of College Factual. "IAVA's dedication to this generation of warriors is exceptional and we know that the GI Bill calculator will be a great new tool in that service. Our Iraq and Afghanistan veterans sacrificed a great deal in completing their mission; our mission is to help every student get the best education their money can buy."

"We are thrilled to continue our partnership with College Factual in the creation of the updated New GI Bill website and calculator. This tool provides an invaluable benefit to our returning service men and women and directly supports them in pursuing their educational goals," said Paul Rieckhoff, CEO and Founder of IAVA. "College Factual is a pioneering organization and one that mirrors IAVA's belief that veterans are an investment, not a charity. This newly re-designed tool is easy to use, free and allows veterans to visualize a future upon their return home."

Based on each veteran's individual information will compute:

  • The college's sticker price
  • Post-9/11 GI Bill benefits
  • The school's average Yellow Ribbon Award

With just a few keystrokes, the updated tool will quickly inform the veteran whether their education costs will be covered by military service benefits and enable the veteran to immediately compare benefits from three colleges simultaneously.

Additionally, the benefits calculator computes:

  • College room and board fees
  • Military housing allowance
  • Books and supplies
  • Military book stipend

The easy-to-use tool rapidly estimates the veteran's total out-of-pocket costs for attending the school., is based on and builds on an earlier online initiative from IAVA. This new online tool incorporates the data - driven college rankings, school comparison tools, financial advice and insights that have distinguished College Factual as an innovator in the education technology realm.

About College Factual: College Factual ( provides unique proprietary college content and insights, college rankings, and an extensive array of college comparison and decision-making tools helping students find their best-fit, best school and best deal in higher education. The company also provides insights, rankings and badges to help colleges identify and market their strengths effectively.

About IAVA: Iraq and Afghanistan Veterans of America ( is the leading post-9/11 veteran empowerment organization (VEO) with the most diverse and rapidly growing membership in America.